Texas Pacific Land is a high-quality business worth accumulating for the long term as its land gains a higher-value use in data centers and power generation. Its unannounced data-center project, Project North on Buck Nail Ranch, uncovered through scuttlebutt research, could send the stock back toward its highs near $530 once announced. Land is a perpetual asset that grows scarcer and can serve progressively higher-value functions, per Murray Stahl, who bought shares near $330 in January. x.com 

NUAI could become very valuable by delivering the power AI data centers increasingly struggle to secure. Its 493-acre TCDC campus near Odessa, Texas plans 207 MW, then 550 MW, and up to 1.4 GW long term. The first two phases use behind-the-meter generation without ERCOT interconnection, in a Permian Basin site with gas, fiber and water. Permits are advancing, and power delivery could start by end-2027. It still needs a credible anchor tenant to prove demand, making it a small, speculative bet. … Show more

New Era Energy & Digital is lining up power and permits for a 1.4GW AI campus, Texas Critical Data Centers, on 493 acres in Ector County. It signed a 20-year deal to buy up to 207MW from Vistra's Odessa gas plant, with power expected in Q3 2027, and Vistra gets a 5% non-voting stake in the part it powers. Construction permits are in hand, but the data center business is pre-revenue, making it the highest-risk name on the list. x.com 

Hut 8's pivot from Bitcoin mining to AI data centers has become signed revenue: a 15-year, $9.8B lease for 352 MW of AI capacity in Texas, far above its prior market cap. That makes it a fundamentally different business from hashing SHA-256 and hoping Bitcoin cooperates. Total contracted AI capacity is now 597 MW, with first delivery in Q3 2027. Miners with existing land, grid connections, cooling and expertise lacked only a long-term tenant, and Hut 8 found one; other miners have yet to move. … Show more

Texas Pacific Land is the ultimate toll booth stock, collecting royalties when others drill on its 900,000 Permian acres while oil companies spend billions drilling wells and fighting decline. Its fast-growing water business also scales with Permian drilling activity, making it a boring bargain that helps investors sleep at night. x.com 

Texas Pacific Land gets a tailwind for its royalty stream as oil spikes on renewed Iran tensions. The stock fell from about $450 to $375 on fear tied to a headline about a major shareholder, not anything fundamental. Its water-treatment business is a growth story most investors are not yet pricing, with a national-security angle on top. A pullback near $400 would be a buying opportunity. x.com  x.com 

Vistra is one of the best value investments in the market, positioned at power, the largest bottleneck in the AI buildout. It reaffirmed 2026 guidance of $6.8-7.6 billion adjusted EBITDA and $3.9-4.7 billion free cash flow, about 16x forward earnings and 9x EV/EBITDA, with 97%+ fleet availability through summer heat. Upside beyond that guidance comes from a 20-year, 2,609 MW nuclear deal with Meta, the $4.7 billion Cogentrix gas acquisition and a role powering Helix Digital Infrastructure. x.com 

New Era Energy & Digital is a high-conviction power-first infrastructure bet: its Texas Critical Data Center pairs ERCOT grid access with on-site gas generation to skip multi-year interconnection queues. The 438-acre Permian Basin campus targets 1 gigawatt. A $290M Macquarie financing funds the initial phases and retired costly SharonAI debt, while partners Stream Data Centers and Energy Dome cut execution risk. Next catalysts: building the first 200MW phase and signing an anchor tenant lease. … Show more

Cipher Mining, now Cipher Digital, is still priced as a bitcoin miner though it has become an AI infrastructure landlord to Amazon and Google. It has about $11.4 billion of contracted revenue on 10-15 year triple-net leases with 3% escalators: AWS at the 300 MW Black Pearl site, Google via Fluidstack at Barber Lake, and a third investment-grade hyperscaler. Secured Texas power is the moat, as grid queues run 4-7 years. Rent starts in October 2026, which should close the gap. x.com  x.com  x.com  … Show more

Fermi's first data center tenant is a massive one, making this a high-conviction setup. TensorWave signed a binding lease at Project Matador in Texas, with phase one locking in 222 megawatts and about $6.5 billion of contracted revenue over 15 years, and expansion rights could take it past 650 megawatts. Part of the lease is expected to carry a guarantee from a major AI name. Construction is 6 gigawatts into a 17-gigawatt build, first power is targeted for 2026, and volume shows accumulation. … Show more